Gillitts · House For Sale
11 Bedroom House For Sale in Gillitts
- R 4,500,000
- 11 bd
- 12 ba
- 4947 m²
An amazing investment opportunity that should not be overlooked! Ensuring a steady and impressive income stream of approximately 60K monthly.This property comprises of a main house and eight well-maintained flatlets.
The property currently houses long-term tenants with an outstanding credit history, adding stability and reliability to the investment.
Each flatlet is equipped with prepaid electricity and individual water meters. This not only benefits the tenants but also streamlines the management of utility expenses. Residents enjoy dedicated parking spaces, ensuring convenience and security.
The main house consists of two bedrooms, with the option of converting the eighth unit back to a third bedroom with bathroom. There is a spacious kitchen, a laundry room, an open plan living and dining area, a sunlounge, a covered patio, and a generous backyard.
Situated in the beautiful Chelmsfordville, in Gillitts, this property enjoys the benefits of a sought-after address. Residents relish the proximity to local attractions, amenities, schools, etc., making it an ideal choice for both tenants and investors.
This property represents a unique opportunity for discerning investors seeking a lucrative venture in a high-demand rental market. With a proven track record of stable income AND outstanding tenant history, don't miss the chance to make this exceptional property a cornerstone of your investment portfolio.
Property Information & Features
- Property Type
- House
- Listing Type
- For Sale
- Location
- Gillitts, KwaZulu Natal
- Price
- R 4,500,000 · Get Pre-Qualified
- Price per m²
- R 910
- Erf Size
- 4947 m²
- Bedrooms
- 11
- Bathrooms
- 12
- Garages
- 3
Map & Nearby
Price Trends · Gillitts, Gillitts beta
Select filters to see average property values
The current average sales price for a 2 bedroom property in Gillitts on ImmoAfrica.net is R 1,500,286
The current average rental price for a 2 bedroom property in Gillitts on ImmoAfrica.net is R 13,125
The current average sales price for a 3 bedroom property in Gillitts on ImmoAfrica.net is R 2,529,062
The current average rental price for a 3 bedroom property in Gillitts on ImmoAfrica.net is R 16,500
The current average sales price for a 1 bedroom property in Gillitts on ImmoAfrica.net is R 881,667
The current average rental price for a 1 bedroom property in Gillitts on ImmoAfrica.net is R 6,900
The current average sales price for a 4 bedroom property in Gillitts on ImmoAfrica.net is R 3,317,143
The current average rental price for a 4 bedroom property in Gillitts on ImmoAfrica.net is R 20,500
The current average sales price for a 5 bedroom property in Gillitts on ImmoAfrica.net is R 2,700,000
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
| Bedrooms | Buy | Rent |
|---|---|---|
| Studio | ||
| 1 Bed | R 881,667 | R 6,900 |
| 2 Bed | R 1,500,286 | R 13,125 |
| 3 Bed | R 2,529,062 | R 16,500 |
| 4 Bed | R 3,317,143 | R 20,500 |
| 5 Bed | R 2,700,000 |
| Bedrooms | Buy | Rent |
|---|---|---|
| Studio | ||
| 1 Bed | R 25,983 | R 122 |
| 2 Bed | R 17,332 | R 143 |
| 3 Bed | R 8,575 | R 8,255 |
| 4 Bed | R 1,550 | |
| 5 Bed | R 1,183 |
Meet your Agent
